Understanding Cryptocurrency: What’s the Hype About?
When we say cryptocurrency, you might associate it with multiple things: confusion, money you can’t touch,
Magic Square understands that its users are its number one asset. One reflection of this is the use-to-earn model. Use-to-earn allows users to earn tokens based on their activity in the Magic Store. So, you can get rewards just for your:
The daily rewards pool will initially include 25,000 SQR tokens to be divided by fewer users, and then incrementally decrease every six months as the platform gains popularity, so the math is simple: the big rewards will be reserved for the earliest users.
It is clear that Magic Square prioritizes user experience above all else. The Magic Store helps crypto app users get the most out of their experience by presenting apps in neat, user-friendly, searchable categories and filters. Once you find an app you like on the Store, you can simply add it to your personalized dashboard in Magic Spaces and open it via a single SSI-secured login from any device with Magic Connect.
Magic Square has harnessed the power of the emerging DeFi market by including integrated DeFi solutions inside each app on the Store. This way, you don’t need to go searching around for the best DeFi services to use, instead, one click is enough to access a world of passive income and safe assets. Some of the DeFi solutions that will be integrated into apps on the Magic Store include:
It doesn’t seem like users need to be paid to spend time on Magic Square’s super user-friendly platform. Even so, Magic Square acknowledges that time is an investment, rewarding users to level up their crypto-app experience. Stay tuned for updates on our blog, and on our social community.